Denny's (DENN) Scheduled to Post Quarterly Earnings on Tuesday

Denny's (NASDAQ:DENN - Get Free Report) is scheduled to release its earnings data after the market closes on Tuesday, April 30th. Analysts expect Denny's to post earnings of $0.14 per share for the quarter. Parties that are interested in registering for the company's conference call can do so using this link.

Denny's (NASDAQ:DENN - Get Free Report) last announced its quarterly earnings data on Tuesday, February 13th. The restaurant operator reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.17 by ($0.03). Denny's had a net margin of 4.30% and a negative return on equity of 70.78%. The firm had revenue of $115.40 million during the quarter, compared to analysts' expectations of $115.67 million. During the same period in the prior year, the company posted $0.18 EPS. The company's revenue for the quarter was down 4.5% compared to the same quarter last year. On average, analysts expect Denny's to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Denny's Price Performance

Shares of DENN traded up $0.15 during mid-day trading on Tuesday, reaching $8.35. The stock had a trading volume of 339,241 shares, compared to its average volume of 484,742. Denny's has a 52-week low of $8.00 and a 52-week high of $12.53. The business's fifty day moving average is $8.88 and its 200 day moving average is $9.53. The firm has a market cap of $443.39 million, a price-to-earnings ratio of 23.86, a P/E/G ratio of 1.41 and a beta of 1.93.


Analysts Set New Price Targets

Several analysts have recently issued reports on DENN shares. StockNews.com raised shares of Denny's from a "hold" rating to a "buy" rating in a research report on Friday. Wedbush reduced their price target on shares of Denny's from $11.00 to $10.50 and set a "neutral" rating on the stock in a research report on Wednesday, February 14th. Truist Financial reduced their price target on shares of Denny's from $13.00 to $12.00 and set a "buy" rating on the stock in a research report on Wednesday, February 14th. Finally, Oppenheimer reduced their price target on shares of Denny's from $13.00 to $12.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 14th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $11.92.

Check Out Our Latest Research Report on Denny's

Insider Activity at Denny's

In other Denny's news, Director John C. Miller sold 35,359 shares of the firm's stock in a transaction on Monday, February 26th. The stock was sold at an average price of $9.25, for a total value of $327,070.75. Following the completion of the sale, the director now owns 740,626 shares of the company's stock, valued at $6,850,790.50. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 4.20% of the stock is currently owned by insiders.

Denny's Company Profile

(Get Free Report)

Denny's Corporation, through its subsidiaries, owns and operates franchised full-service restaurant chains under the Denny's and Keke's Breakfast Cafe brands in the United States and internationally. The company was formerly known as Advantica Restaurant Group, Inc and changed its name to Denny's Corporation in July 2002.

Further Reading

Earnings History for Denny's (NASDAQ:DENN)

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